Supply delays and the inventory stocking policy

Agnès Sulem, Charles S. Tapiero

Research output: Contribution to journalArticle

Abstract

The purpose of this paper is to consider the effects of parts starvation on process idleness using an inventory policy of the (s, S) type when there are supply delays. We concentrate our attention on the mutual effects of supply delay and the costs of a facility's idleness which occur when there are parts shortage. This allows a greater understanding of the relationships between an inventory policy and the effects (and value) of flexibility in production.

Original languageEnglish (US)
Pages (from-to)83-90
Number of pages8
JournalInternational Journal of Production Economics
Volume32
Issue number1
DOIs
StatePublished - Aug 1993

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering

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